# Eurozone October Main Refinancing Rate Remains Flat at 2.65%, ECB Closely Monitoring Inflation Rebound and Energy Risks | DataTrack

> The ECB held its main refinancing rate at 2.65% in October, unchanged from September, and kept the deposit facility rate at 2.50%. Headline eurozone inflation hit 3.8% in September, with energy up 18.9%, while core inflation was 2.5%.

- Date: 2026-11-01 · published 2026-11-01T18:09:31.202Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/29587-eurozone-october-main-refinancing-rate-remains-flat-at-2-65-ecb-closely
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Holding rates after earlier hikes signals a data-dependent stance, with energy-driven inflation weighing on growth. Feed buyers should watch the euro and European demand for feed and energy costs, though the direct price impact is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-03-31 | [Dollar up vs. euro but remains on track for weekly loss after inflation data](https://feedsoft.ai/events/37072-dollar-up-vs-euro-but-remains-on-track-for-weekly-loss-after-inflation-data.md) | +0.3% | +1.1% |
| EURUSD | 2024-05-31 | [Eurozone inflation accelerates in May: Are ECB rate cuts in doubt? \| Euronews](https://feedsoft.ai/events/30466-eurozone-inflation-accelerates-in-may-are-ecb-rate-cuts-in-doubt-euronews.md) | +0.4% | -1.2% |
| EURUSD | 2023-08-31 | [After mixed euro zone inflation data, where do ECB interest rate odds stand now?](https://feedsoft.ai/events/34813-after-mixed-euro-zone-inflation-data-where-do-ecb-interest-rate-odds-stand-now.md) | -2.0% | -3.2% |
| EURUSD | 2025-12-18 | [EUR/USD rebounds as ECB holds rates and US inflation cools](https://feedsoft.ai/events/21719-eur-usd-rebounds-as-ecb-holds-rates-and-us-inflation-cools.md) | +0.3% | -1.3% |
| EURUSD | 2017-09-07 | [ECB cites inflation-dampening euro rate as policy factor](https://feedsoft.ai/events/69161-ecb-cites-inflation-dampening-euro-rate-as-policy-factor.md) | -0.4% | -1.5% |

## Sources

- datatrack.trendforce.com: https://datatrack.trendforce.com/blog/content/66045/eurozone-october-main-refinancing-rate-remains-flat-at-265-ecb-closely-monitoring-inflation-rebound-and-energy-risks

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.